An AI health services startup company based in the U.K has raised a whopping $550 million in a recent series C funding round. The company, Babylon Health, developed a chatbot used by the National Health Service in the U.K. and is now valued at more than $2 billion.

An AI-enabled system for detecting seniors’ falls on video monitors has cut unnecessary use of EMT and emergency services by 80% in a pilot study.

AI in healthcare has long been touted as an innovative technology that will accelerate care treatments and even replace some tasks performed by clinicians. But its impact might be inequitable in the future. 

Cerner, a global health platform, has teamed up with Amazon Web Services, a subsidiary of Amazon that offer cloud computing platforms, to accelerate healthcare solutions and AI in healthcare.

NIH funding opportunities remain numerous for innovators who apply evidence-based medical science to their proposals for smartphone apps, and the agency isn’t hesitant to get behind AI-based approaches.

After receiving “overwhelming interest” in a recent AI in healthcare challenge, CMS extended is judging period, the agency announced August 1.

Plastic surgeons can apply “emotional AI” algorithms to social media as a way of predicting which specific services will bring in business, according to a study running in the August edition of Plastic and Reconstructive Surgery.

Healthcare organizations and providers are facing more pressures than ever, from regulatory strains to financial squeezes. Blockchain is one area that can act as a major time and cost saver for healthcare organizations, according to a recent report from JPMorgan Chase.